Effect of Financial and Non-Financial Compensation on Job Satisfaction

Abstract

The purpose of the study was to determine the effect of financial compensation and non-financial compensation on job satisfaction of employees at CV. Flower Jaya. This study uses quantitative research methods, using multiple linear regression. This research uses survey research method. population in the study are employees at CV. Flower Jaya Lumajang. The sampling method used was random sampling. The sample taken in this study were 37 respondents. Collecting data through activities, namely a) observation, b) interviews with resource persons using interview instruments, and c) distributing questionnaires/questionnaires. The data processing of the results of this study uses the type of multiple linear regression. The results obtained indicate that the provision of financial compensation has a significant effect on job satisfaction at CV Kembang Jaya Lumajang, this is evidenced by the t-count value of 2.724 with a significance of 0.010 more than 0.005. Non-financial compensation has a significant effect on employee job satisfaction at CV Kembang Jaya Lumajang, this is evidenced by the t-count value of 5.040 with a significance of 0.000 less than 0.005. Companies must pay more attention to financial compensation and non-financial compensation to employees or employees in order to increase the employee's diligent work.